Reading Time: < 1 minute A mock-up of a wide-body passenger aircraft jointly being developed by Moscow and Beijing has been presented at Airshow China. The new plane is expected to challenge the Airbus-Boeing duopoly. Manufacturers Russia’s United Aircraft Corporation and Commercial Aircraft Corporation of China (COMAC) have announced the start of the search for suppliers. They didn’t provide any […]
Reading Time: < 1 minute China has set up a state-owned aircraft engine maker with registered capital of 50 billion yuan ($7.5 billion), state television said on Sunday, in the latest effort to develop home-grown, high-tech businesses to compete in international markets. The government’s overhaul of state-owned enterprises to push Chinese products and services up the value chain has prioritised […]
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